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Ontario Mining

Sudbury students with ‘rocks in their blood’ get together after 50 years – by Hugh Kruzel (Sudbury Star – September 16, 2024)

https://www.thesudburystar.com/

Laurentian geology graduates from 1974 gather in Wahnapitae to share memories and renew friendships

You may have attended a high school reunion; the reasons may be complex and often include renewing lost friendships or just bringing back youthful memories. For some, it is a reoccurring annual, five-year or even decade theme on the map of life.

What if it was your university graduating class? The program that set you off on a career and shaped your life? It was a cool wet day off the backroads of Wahnapitae, but it didn’t quench the spirit of the event. Dwayne Car, who hosted the get-together, had set up a tent and fire pit to chase away the chill.

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BACK ROADS BILL: Mitigating a catastrophe at a legacy mine – by Bill Steer (Timmins Today – September 13, 2024)

https://www.timminstoday.com/

Go to Charles Dube’s website for a well documented historical account of the Steep Rock Lake Mine: https://tinyurl.com/af8f93nj

Bill tells us about a not-so-well-known, long-term environmental solution in the making

A recent back road trip led me to discover the current progress of the provincial government in trying to mitigate an inherited contaminated area. If ignored, it would become a long-term catastrophe. It’s called a lake, Steep Rock Lake, but it isn’t, really.It now looks a little like the setting of a Waubgeshig Rice dystopian novel or Last of Us the raging HBO hit.

There are cautionary and explanatory signs and fenced off areas everywhere. Over time the former asphalt access roads are now well pitted and cracked with emerging plants. The same with the railway over/underpasses. The original galvanized guard rails are coated with a tinge of red iron ore dust.

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Magna Mining makes a bold $33-million move in Sudbury – by Ian Ross (Northern Ontario Business – September 12, 2024)

https://www.northernontariobusiness.com/

Sudbury mine developer will put its local knowledge to the test in asset deal with KGHM

Magna Mining, a fast-moving Sudbury mining startup company, has taken a giant leap forward by acquiring a working copper mine in the Sudbury basin along with a raft of promising properties from Polish-headquartered miner KGHM International.

Magna, known locally for its redevelopment of the former Crean Hill mine, has signed an agreement to acquire the operating McCreedy West copper mine and a stable for exploration and development properties across the Sudbury basin in a $33.3-million cash-and-share deal.

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Mining the Northwest: Red Lake’s Great Bear project could be a beast of a mine – by Ian Ross (Northern Ontario Business – September 11, 2024)

https://www.northernontariobusiness.com/

Kinross Gold paints an open pit and underground mining picture worthy of 500,000 ounces a year

Once the Great Bear project gets rocking and rolling in 2029, Kinross Gold projects its future Red Lake mine can be a 500,000-ounce-a-year producer.

The Toronto gold company released a preliminary economic study (PEA) on Sept. 10 of Great Bear showing a 12-year operating life that will churn out 5.3 million ounces of gold over that span. In the PEA, Kinross paints a picture of mining high-grade material via open pit and underground methods, concurrently.

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Fulcrum Metals wants to turn Kirkland Lake tailings into treasure – by Ian Ross (Northern Ontario Business – September 10, 2024)

https://www.northernontariobusiness.com/

The UK-based exploration company sees multi-billion-dollar opportunity to extract gold, clean up mining legacy sites

Gold-enriched tailings piles left behind by two historic mining operations outside Kirkland Lake has attracted a United Kingdom-based company promoting the idea of sustainable mining.

Fulcrum Metals wants to dive into the tailings piles of the historic Teck-Hughes and Sylvanite mines to extract gold contained in the granular waste piles on the surface and eventually remediate the sites.

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Taking down Vale stacks in Copper Cliff will be slow and not exciting to watch – by Jim Moodie (Sudbury Star – September 7, 2024)

https://www.thesudburystar.com/

But it will be expensive — perhaps as much as $100 million by 2030, top executive says, as they must be taken down almost brick by brick

Sudbury’s tallest structure is slated to come down, and when it does the moment will be bittersweet not only for residents and workers but even the mining brass who have concluded it can no longer stand. The Superstack “has been with the city for more than 50 years, and there are emotional attachments to landmarks,” acknowledged Gord Gilpin, head of Ontario base metals with Vale.

“It’s internationally recognized with Sudbury, with the company, and with the mining industry.” Many older residents recall when the 1,250-foot cloud-tickler was erected and “we have our own stories of the history behind it,” said Gilpin.

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Urgent cash call needed for Wawa gold explorer – by Ian Ross (Northern Ontario Business – September 9, 2024)

https://www.northernontariobusiness.com/

September is a pivotal month for Red Pine Exploration in seeking to raise $9.5 million

Red Pine Exploration needs a fresh infusion of cash, quickly, to kickstart a drilling program at its Wawa Gold Project. The struggling Toronto junior miner is out of pocket and is looking to raise $9.5 million this fall in order to regain the confidence of the market and lay out the big picture of what a mining operation might look like down the road.

In a Sept. 4 webinar, new CEO Michael Michaud projected confidence and enthusiasm in selling the blue-sky potential of its gold deposit, two kilometres outside Wawa.

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Canada Nickel may net $500m Ottawa loan for giant Crawford project – by Colin McClelland (Mining.com – September 6, 2024)

https://www.mining.com/

Canada Nickel (TSXV: CNC) says a Canadian government agency might loan it $500 million for its Crawford project in northern Ontario, which could become the world’s largest nickel-cobalt sulphide development. Its shares rose.

Export Development Canada (EDC), which finances and offers other help to domestic companies, sent a letter of intent to Canada Nickel in late August, it said on Friday. It would be combined with $600 million in tax credits expected from Ottawa to help build the C$3.5 billion capex project near Timmins over two stages, the company said.

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Katoro Gold expands into uranium exploration through Ontario acquisition – by Darren Parker (Mining Weekly – September 9, 2024)

https://www.miningweekly.com/

Aim-listed Katoro Gold has expanded into uranium exploration with the acquisition of the White Pine uranium project in Ontario, Canada. The acquisition was made through its subsidiary, Katoro Canada, which now holds a 100% interest in the project.White Pine covers an area of 8 036 ha and is located close to the Trans-Canada Highway, about 75 km southeast of the town of Dryden, in the Kenora district of north-west Ontario.

While the project is still in the early stages of exploration, public domain data has indicated the potential for significant uranium discovery at White Pine. Early results include highly anomalous uranium levels in lake sediments collected from the project area.

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Iamgold’s Côté Gold: A model for modern mining and sustainability – by Tamer Elbokl (Canadian Mining Journal – September 9, 2024)

https://www.canadianminingjournal.com/

The newest gold mine in northern Ontario has the potential to become the biggest in Canada. Iamgold’s Côté Gold open pit mine had its official ribbon-cutting ceremony at the end of May 2024. The company has declared commercial production at its 60%-owned Côté mine in northern Ontario, the company’s third producing gold mine and second in Canada.

This mine will be one of Canada’s largest gold producers with an 18-year mine life. During the first six years of operation, Côté Gold’s output will be 495,000 oz., and over the life of the mine, it will average 365,000 oz. per year. Construction of Côté began in 2020 and was expected to take three years to build. The mine cost $1.9 billion to build.

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NEWS RELEASE: Copperstack and superstack dismantling marks final chapter of $1 billion Clean AER project (September 4, 2024)

Stan Sudol Photo

(Photo by Stan Sudol From 1990s)

Sudbury, Ontario (September 4, 2024) – Today, Vale Base Metals (VBM) announces it is moving forward with the dismantling of the copperstack and superstack at the Copper Cliff Smelter Complex.

These structures have been decommissioned following the successful completion of the approximately $1 billion Clean Atmospheric Emissions Reduction (Clean AER) Project, which was a cornerstone initiative in our ongoing, long-term environmental stewardship program for Sudbury. The dismantling of the copperstack and superstack marks the final chapter of this ambitious initiative.

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Nipigon lithium explorer has ‘starting point’ to place a pit – by Ian Ross (Northern Ontario Business – September 4, 2024)

https://www.northernontariobusiness.com/

Imagine Lithium releases its first mineral resource estimate for its Jackpot Project

A Nipigon-area lithium explorer has produced its first resource estimate on a property that shows open-pit mining potential.

Vancouver’s Imagine Lithium released an 8.4-million tonne lithium oxide resource for its Jackpot Project, 40 kilometres north of the town of Nipigon and 150 kilometres northeast of Thunder Bay.

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Equinox Gold cuts the ribbon on Greenstone mine – by Ian Ross (Northern Ontario Business – August 29, 2024)

https://www.northernontariobusiness.com/

Mining, community leaders reflect on arduous path to reach gold production

When Long Lake #58 Chief Judy Desmoulin views what’s been accomplished with the opening of a massive open-pit gold mine outside Geraldton, she offers a template of what can be accomplished in Canada when all parties work together to reach consensus.

“This is the model that needs to happen everywhere, with every industry.” Desmoulin took to the podium on Aug. 29 for the official opening of Equinox Gold’s Greenstone Gold Mine, one of the largest open-pit operations in Canada and the Vancouver company’s flagship mine.

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Drilling marks the path for a mine reboot in Red Lake – by Ian Ross (Northern Ontario Business – August 27, 2024)

https://www.northernontariobusiness.com/

West Red Lake Gold Mines taking the patient approach before resuming production at the Madsen Mine

West Red Lake Gold Mines president-CEO Shane Williams was very guarded in talking about the blue-sky gold potential of the company’s Madsen Mine property in northwestern Ontario .

The Vancouver company is not rushing the dormant underground mine back into production but is taking a patient approach in its reboot of an operation that entered creditor protection in the fall of 2022 under the Pure Gold Mining banner.

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Sudbury’s mining operations impress US Consul General – by Hugh Kruzel (Sudbury Star – August 23, 2024)

https://www.thesudburystar.com/

‘There is a lot of interest from US companies here,’ Baxter Hunt says

Visiting dignitaries are always asked why they are in Sudbury. This week, The Sudbury Star met with Baxter Hunt, US Consul General, during his multi-day tour of the area. Hunt had met Greater Sudbury Mayor Paul Lefebvre at PDAC in Toronto earlier this year. Lefebvre invited him to visit.

“I promised him I was going to get up here soon,” said Hunt, who started in this role in the fall of 2023. It is a three-year assignment. Back in July, the Hunt family drove up to Lake Temagami. He called the area “spectacular” and since he has heard of Killarney, he seems keen to experience more of the north.

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